Legal &amp; Regulation http://www.hedgeweek.com/taxonomy/term/65/all en BATS files client suspension rule to expedite action against customers engaging in layering and spoofing http://www.hedgeweek.com/2015/07/31/227673/bats-files-client-suspension-rule-expedite-action-against-customers-engaging-layer <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>BATS Global Markets (BATS) has filed with the Securities and Exchange Commission the BATS Client Suspension Rule, which would enable the company to take swifter action to prohibit manipulative behaviour, such as spoofing and layering, on the BATS Exchanges.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/07/31/227673/bats-files-client-suspension-rule-expedite-action-against-customers-engaging-layer" target="_blank">read more</a></p> Legal & Regulation Fri, 31 Jul 2015 06:22:21 +0000 Leah.Cunningham 227673 at http://www.hedgeweek.com CFTC issues letter exempting CTAs from CTA-PR form filing http://www.hedgeweek.com/2015/07/24/227370/us-commodity-futures-trading-commission%E2%80%99s-division-swap-dealer-and-intermediary-ov <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>The US Commodity Futures Trading Commission&rsquo;s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) has issued a letter that exempts commodity trading advisors (CTAs) that are registered but do not direct any client commodity interest accounts from filing Commission Form CTA-PR.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/07/24/227370/us-commodity-futures-trading-commission%E2%80%99s-division-swap-dealer-and-intermediary-ov" target="_blank">read more</a></p> Legal & Regulation Fri, 24 Jul 2015 12:53:00 +0000 Leah.Cunningham 227370 at http://www.hedgeweek.com CFTC extends designation of DTCC-SWIFT as LEI Provider http://www.hedgeweek.com/2015/07/21/227168/cftc-extends-designation-dtcc-swift-lei-provider <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>In order to continue the transition to a global system of legal entity identification, the US Commodity Futures Trading Commission (Commission) has issued an Order extending the designation of the utility operated by DTCC-SWIFT as the provider of legal entity identifiers, or LEIs, pursuant to the Commission&rsquo;s swap data recordkeeping and reporting rules.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/07/21/227168/cftc-extends-designation-dtcc-swift-lei-provider" target="_blank">read more</a></p> Legal & Regulation Tue, 21 Jul 2015 10:19:00 +0000 Leah.Cunningham 227168 at http://www.hedgeweek.com Bermuda positions to meet EU fund regime standards http://www.hedgeweek.com/2015/07/20/227139/bermuda-positions-meet-eu-fund-regime-standards <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>A collaborative effort by Bermuda&rsquo;s regulator and government, supported by industry stakeholders and the Bermuda Business Development Agency (BDA), has lined up new legislation to position the Island as a strong contender among jurisdictions vying to meet European standards set for alternative fund managers.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/07/20/227139/bermuda-positions-meet-eu-fund-regime-standards" target="_blank">read more</a></p> Legal & Regulation Mon, 20 Jul 2015 13:08:01 +0000 Leah.Cunningham 227139 at http://www.hedgeweek.com FCA fines firms and individuals over GBP1bn for market integrity breaches http://www.hedgeweek.com/2015/07/15/226936/fca-fines-firms-and-individuals-over-gbp1bn-market-integrity-breaches <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>The FCA fined firms and individuals a total of GBP1.23 billion in 2014 for market integrity related breaches, which included abusive market behaviour such as: manipulation, insider dealing, FX failings and benchmark (i.e. Libor) manipulation.&nbsp;</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/07/15/226936/fca-fines-firms-and-individuals-over-gbp1bn-market-integrity-breaches" target="_blank">read more</a></p> Legal & Regulation Wed, 15 Jul 2015 12:58:37 +0000 Leah.Cunningham 226936 at http://www.hedgeweek.com ACI Financial Markets Association welcomes FEMR review… http://www.hedgeweek.com/2015/06/11/224927/aci-financial-markets-association-welcomes-femr-review%E2%80%A6 <p><em><strong>Marshall Bailey (pictured), president of ACI Financial Markets Association, comments on the release of the Fair and Effective Markets Review (FEMR)&hellip;</strong></em></p> <p><a href="http://www.hedgeweek.com/2015/06/11/224927/aci-financial-markets-association-welcomes-femr-review%E2%80%A6" target="_blank">read more</a></p> Legal & Regulation Thu, 11 Jun 2015 16:28:15 +0000 mkitchen 224927 at http://www.hedgeweek.com Malta continues to innovate with introduction of securitisation cell legislation http://www.hedgeweek.com/2015/06/10/224870/malta-continues-innovate-introduction-securitisation-cell-legislation <p><em><strong>For London-based managers who are still trying to get their heads around the various machinations of the AIFMD, and where best to set up an EU-regulated fund, help is on its way.&nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2015/06/10/224870/malta-continues-innovate-introduction-securitisation-cell-legislation" target="_blank">read more</a></p> Legal & Regulation Wed, 10 Jun 2015 15:49:58 +0000 mkitchen 224870 at http://www.hedgeweek.com Risk management framework for fund managers: The Deutsche Bank advantage http://www.hedgeweek.com/2016/06/08/224537/risk-management-framework-fund-managers-deutsche-bank-advantage <p><em><strong>In today&rsquo;s increasingly complex and evolving regulatory environment,&nbsp;fund managers expect their providers to have a sophisticated risk management framework that meets global, regional and local standards.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/08/224537/risk-management-framework-fund-managers-deutsche-bank-advantage" target="_blank">read more</a></p> Compliance Legal & Regulation Technology and software solutions Mon, 08 Jun 2015 14:49:24 +0000 mkitchen 224537 at http://www.hedgeweek.com Silver Law Group investigates retirement advisors who falsely promoted alternative investments http://www.hedgeweek.com/2015/05/26/224026/silver-law-group-investigates-retirement-advisors-who-falsely-promoted-alternative <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>Silver Law Group is investigating claims against a pair of self-described retirement planners who are alleged to have falsely promoted to customers the safety and profitability of interest in life settlements.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/05/26/224026/silver-law-group-investigates-retirement-advisors-who-falsely-promoted-alternative" target="_blank">read more</a></p> Legal & Regulation Tue, 26 May 2015 08:00:00 +0000 Leah.Cunningham 224026 at http://www.hedgeweek.com Barclays to pay USD400m to settle CTFC forex benchmark rate manipulation charges http://www.hedgeweek.com/2015/05/20/223819/barclays-pay-usd400m-settle-ctfc-forex-benchmark-rate-manipulation-charges <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>Barclays Bank is to pay USD400 million to settle US CFTC charges that it engaged in the attempted manipulation and false reporting of global foreign exchange (forex) banchmark rates to benefit the positions of certain traders.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/05/20/223819/barclays-pay-usd400m-settle-ctfc-forex-benchmark-rate-manipulation-charges" target="_blank">read more</a></p> Legal & Regulation Wed, 20 May 2015 14:26:29 +0000 Leah.Cunningham 223819 at http://www.hedgeweek.com A manager’s compliance filing cabinet http://www.hedgeweek.com/2015/05/19/223705/manager%E2%80%99s-compliance-filing-cabinet <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><em><strong>On 15 April 2015, Cordium, a leading global compliance consulting, accounting, tax and software provider to the financial services industry, introduced a new compliance software solution called Pilot.&nbsp;</strong></em></p> <div class="field field-type-nodereference field-field-lead"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> More information:&nbsp;</div> <a href="/form/hedgeop-compliance">Cordium</a> </div> </div> </div> <div class="field field-type-nodereference field-field-directory-company"> <div class="field-label">Company:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <a href="/gfmdirectory/cordium">Cordium</a> </div> </div> </div> <p><a href="http://www.hedgeweek.com/2015/05/19/223705/manager%E2%80%99s-compliance-filing-cabinet" target="_blank">read more</a></p> Legal & Regulation Special Reports Technology and software solutions Tue, 19 May 2015 10:00:00 +0000 mkitchen 223705 at http://www.hedgeweek.com Former hedge fund controller Herzing jailed for four years for embezzling more than USD9m http://www.hedgeweek.com/2015/04/28/222396/former-hedge-fund-controller-herzing-jailed-four-years-embezzling-more-usd9m <a href="http://www.globalfunddata.com?title=&country[0]=United+States&status=Active&return_date=2012-08-01&searchType=advanced" title="See all United States funds" >United States funds</a> <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><em><strong>Lawrence J Herzing, the former controller of Contrarian Capital Management, has been sentenced to four years in prison after being found guilty of embezzling more than USD9 million from the Greenwich-based hedge fund.</strong></em></p> <p><a href="http://www.hedgeweek.com/2015/04/28/222396/former-hedge-fund-controller-herzing-jailed-four-years-embezzling-more-usd9m" target="_blank">read more</a></p> Legal & Regulation Tue, 28 Apr 2015 10:15:00 +0000 mkitchen 222396 at http://www.hedgeweek.com Madoff Trustee seeks release of USD1.249bn from customer fund reserves http://www.hedgeweek.com/2015/04/17/221685/madoff-trustee-seeks-release-usd1249bn-customer-fund-reserves <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>The Trustee for the liquidation of Bernard L Madoff Investment Securities (BLMIS), is seeking the release of USD1.249 billion out of a total USD1.499 billion being held in reserve under a September 2012 Bankruptcy Court order.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/04/17/221685/madoff-trustee-seeks-release-usd1249bn-customer-fund-reserves" target="_blank">read more</a></p> Legal & Regulation Fri, 17 Apr 2015 05:00:00 +0000 Leah.Cunningham 221685 at http://www.hedgeweek.com ICE Clear Europe granted CFTC order permitting portfolio margining of futures and foreign futures contracts by non-clearing member FCMs http://www.hedgeweek.com/2015/03/30/220631/ice-clear-europe-granted-cftc-order-permitting-portfolio-margining-futures-and-for <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><strong><em>The US Commodity Futures Trading Commission (Commission) has issued an order granting a request from ICE Clear Europe Limited (ICE Clear Europe), a Commission-registered derivatives clearing organisation, for an order pursuant to Section 4d(a) and (b) of the Commodity Exchange Act.</em></strong></p> <p><a href="http://www.hedgeweek.com/2015/03/30/220631/ice-clear-europe-granted-cftc-order-permitting-portfolio-margining-futures-and-for" target="_blank">read more</a></p> Legal & Regulation Mon, 30 Mar 2015 09:00:00 +0000 Leah.Cunningham 220631 at http://www.hedgeweek.com Regulatory compliance and confidentiality are key considerations when choosing a legal representative http://www.hedgeweek.com/2015/03/10/219732/regulatory-compliance-and-confidentiality-are-key-considerations-when-choosing-leg <a href="http://www.globalfunddata.com?title=&country[0]=Switzerland&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Switzerland funds" >Switzerland funds</a> <a href="http://www.globalfunddata.com/funds/search/hedge'?title=&status=Active&return_date=2012-08-01&searchType=advanced" title="See all Hedge funds" alt="See all Hedge funds">Hedge</a> <p><em><strong>As of 1 March 2015, it has become mandatory for fund managers distributing their products in Switzerland to commission a Swiss legal representative and paying agent. Regulatory compliance is the name of the game when it comes to the service provided by UBS.&nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2015/03/10/219732/regulatory-compliance-and-confidentiality-are-key-considerations-when-choosing-leg" target="_blank">read more</a></p> Legal & Regulation Special Reports Tue, 10 Mar 2015 17:14:31 +0000 mkitchen 219732 at http://www.hedgeweek.com